Canadian Utilities Limited (OTCMKTS:CDUAF) Short Interest Down 28.9% in November

Canadian Utilities Limited (OTCMKTS:CDUAF) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,269,700 shares, a decline of 28.9% from the October 31st total of 1,786,800 shares. Based on an average trading volume of 19,400 shares, the short-interest ratio is currently 65.4 days.

Canadian Utilities Stock Performance

CDUAF opened at $25.62 on Friday. The company’s 50 day moving average is $25.78 and its 200-day moving average is $24.22. Canadian Utilities has a 1-year low of $21.30 and a 1-year high of $31.73.

About Canadian Utilities

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.